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Maple Finance, a marketplace that connects institutional borrowers and lenders with accredited investors, has unveiled a new direct lending arm, Maple Direct.
Maple Direct is set to launch in July and will focus on debt deals for Web3 businesses that need a compliant financing solution. The loan offering provides an answer for large organizations previously unable to secure loans collateralized by digital asset holdings, due to factors such as regulatory requirements or risk tolerance.
The Maple Direct lending pool offers transparency by allowing lenders to see the ratio of overcollateralization to loan values and measure subsequent risks, as opposed to operating opaquely.
The lending pool on Maple Direct is designed to meet the liquidity and risk requirements of various capital allocators, such as crypto funds, decentralized autonomous organizations (DAOs), venture capitalists, high net-worth individuals, yield aggregators, and family offices, according to Maple. As such, all lenders must pass Know-Your-Customer (KYC) checks prior to using the platform.
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